NOT LISTED FOR SALE

69 Abbett Ave Unit 1 Morristown, NJ 07960

Estimated Value: $460,000 - $503,000

2 Beds
1 Bath
1,185 Sq Ft
$409/Sq Ft Est. Value

Last Sold November 07, 2016

Last sale price $287,000 $242 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $3,074/month

Highlights

  • Property is near a park
  • Wood Flooring
  • Central Air
  • Hillcrest School Rated A-
  • Living Room
  • 4-minute walk to George Gramby Memorial Park

About This Home

As of February 2021

Located near the center of fabulous Downtown Morristown. This bright and sunny unit features a spa bath with granite vanity, hardwood floors, and even a walk-in closet. Just minutes to the train. Central Air! Washer/Dryer in unit! BIG CLOSETS, Huge open floor plan. Parking for one car in the back and bonus 12x8 Storage Room.

Last Agent to Rent the Property

DONNA PANELLA

LIBERTY REALTY LLC License #0125565 Listed on: 11/18/2020

LIBERTY REALTY  LLC

Last Renter's Agent

NON-MEMBER NON-MEMBER

NON-MEMBER

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $6,102

Year Built

  • 2006

Lot Details

  • 1,699

Parking

  • 1 Parking Space

Interior Spaces

  • 1,185 Sq Ft Home
  • Multi-Level Property
  • Living Room
  • Wood Flooring
  • Washer and Dryer

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Location

  • Property is near a park
  • Property is near schools
  • Property is near shops
  • Property is near a bus stop

Utilities

  • Central Air
  • Heating System Uses Gas

Community Details

  • Pets Allowed

Listing and Financial Details

  • Legal Lot and Block 3.01 / 19.01
  • Assessor Parcel Number 4468

Property Details

Home Type

Apartment

Est. Annual Taxes

$6,102

Year Built

2006

Lot Details

0

Rental Info

  • Credit Check Required: Y
  • Pets Allowed: y
  • Rental Amount: 2200
  • Lease: Yes

Listing Details

  • Class: RESIDENTIAL RENTAL
  • Type: Apartment
  • Building Style: Multi-Level
  • Miscellaneous: Near Shopping, Near Bus, Near Parks, Near Schools
  • Assessor Parcel Number: 4468
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 2006

Interior Features

  • Appliances Included: Dishwasher, Microwave, Washer/Dryer, Oven/Range Gas
  • Total Bathrooms: 1
  • Total Full Baths: 1
  • Bedrooms: 2
  • Total Rooms: 4
  • Total Kitchens: 1
  • Total Living Rooms: 1
  • Level 1 Bedrooms: 2
  • Level 1 Full Bathrooms: 1
  • Level1 Kitchen: 1
  • Level 1 Living Rooms: 1
  • Estimated Sq Ft: 1185
  • Price Per Sq Ft: 1.86

Garage/Parking

  • Parking Available: 1 Car

Utilities

  • Heating/Cooling: A/C Central, Gas

Association/Amenities

  • Amenities Included: Hardwood Floor

Condo/Co-op/Association

  • Common Amenities: Storage

Lot Info

  • Geo Address Line: 69 Abbett Ave
  • Geo Primary City: Morristown
  • Geo Quality: 0.95
  • Geo Update Timestamp: 11/19/2020
  • Geo Zoom Level: 16
  • Lot: 3.01

Tax Info

  • Ll Taxes: y

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2016
Closed on
Oct 20, 2016
Sold by
Anthony & Vincent Inc
Bought by
Panella Frank
Seller's Agent
RODERICK LOGAN
COLDWELL BANKER REALTY
Buyer's Agent
CHRISTOPHER MCMAHON
EXP REALTY, LLC
List Price
$285,000
Sold Price
$287,000
Premium/Discount to List
$2,000
0.7%
Current Estimated Value
$485,136

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,136
Avg. Annual Appreciation
6.04%
Original Mortgage
$215,250
Outstanding Balance
$137,053
Interest Rate
3.42%
Mortgage Type
New Conventional
Estimated Equity
$348,083
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Panella Frank $287,000 Foundation Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Panella Frank $215,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/15/2021 02/15/21 Rented $2,200 -4.3% --
11/18/2020 11/18/20 For Rent $2,300 0.0% --
11/07/2016 11/07/16 Sold $287,000 +0.7% $235 / Sq Ft View Prior Sale
10/03/2016 10/03/16 Pending -- -- --
06/21/2016 06/21/16 For Sale $285,000 -- $233 / Sq Ft
Source: Hudson County MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,102 $387,400 $200,000 $187,400
2024 $7,076 $387,400 $200,000 $187,400
2023 $7,076 $243,500 $150,000 $93,500
2022 $6,993 $243,500 $150,000 $93,500
2021 $6,993 $243,500 $150,000 $93,500
2020 $7,020 $243,500 $150,000 $93,500
2019 $7,018 $243,500 $150,000 $93,500
2018 $6,928 $243,500 $150,000 $93,500
2017 $6,721 $243,500 $150,000 $93,500
2016 $6,548 $243,500 $150,000 $93,500
2015 $6,392 $243,500 $150,000 $93,500
2014 $6,321 $243,500 $150,000 $93,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hudson County MLS

MLS Number: 202026690

Hudson County MLS

APN: 24-01901-0000-00003-01